Bitcoin now looks cheap by one measure after $1 billion in ETF outflows
Darkfost’s adjusted MVRV signal highlights lower valuation, while dated ETF withdrawals and an attributed SOPR reading leave recovery unconfirmed.
The rise of Bitcoin ETFs challenges treasury firms to prove their added value, as investors increasingly favor direct, lower-risk exposure.
Bitcoin's latest decline is testing something more important than a round-number price level: whether buyers have enough conviction to absorb selling when liquidity thins out over the weekend.
November 15, 2026, 5:00 pmMichael Saylor hinted at another Strategy bitcoin purchase amid a sharp market decline. His message came as the company’s holdings remained below acquisition cost and followed his comparison highlighting gains from its preferred shares.
November 15, 2026, 4:20 pmDarkfost’s adjusted MVRV signal highlights lower valuation, while dated ETF withdrawals and an attributed SOPR reading leave recovery unconfirmed.
As bitcoin prices tumbled to an intraday low of $61,947, mining revenue deteriorated to exceptionally depressed levels, with hashprice languishing between $28 and $30 per petahash per second (PH/s) of daily output. Meanwhile, Bitcoin’s mining difficulty declined 9.13% at block height 975744, marking the network’s 23rd difficulty adjustment epoch of the year.
The incident highlights vulnerabilities in mining software, emphasizing the need for enhanced security measures to protect against unauthorized control.
Spot Bitcoin ETFs shed $185.4 million on Friday, their seventh straight day of outflows, pushing November losses to about $2.1 billion as Bitcoin fell toward $64,000.
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story.
Flexible mines could use curtailed Scottish wind, but most recent constraint spending paid for replacement power elsewhere.
Despite significant outflows, iShares Bitcoin Trust's resilience highlights its dominance and suggests investor confidence in larger ETFs.
Her proposals separate emergency market support from the rate path, leaving Bitcoin exposed to a different monetary-policy channel.
This week’s stories centered on market stress, corporate investing, hardware-wallet security, tokenization and prediction markets. Bitcoin fell below $68,000 as crypto liquidations hit $1.6 billion, while Tether’s U.S. stock portfolio reached an estimated $4.8 billion.